Failed ATM transaction? Here's what you should do if debited money does NOT return
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Failed ATM transaction? Here’s what you should do if debited money does NOT return

Failed ATM transaction? Here's what you should do if debited money does NOT return
Failed ATM transaction?

The bank must put the money that was taken out of your account if the transaction fails, according to the RBI. One can expect to receive their money returned quickly, and the bank will make up the lost time.

A failed ATM transaction affected you? Or are you having trouble getting your money back after an unsuccessful ATM transaction? If so, you need to view this video that the Reserve Bank of India, or RBI, has issued.

This film, which stars Amitabh Bachchan, the biggest star in Bollywood, illustrates how you can seek compensation if the bank refuses to return your money in the event of a botched ATM transaction. It also included instructions on how to file a complaint about the situation. Check out this video.

The bank must put the money that was taken out of your account if the transaction fails, according to the RBI. One can expect to receive their money returned quickly, and the bank will make up the lost time.

The banks must independently reverse the transactions, according to the RBI. However, it is always advised to lodge a complaint with the bank that controls the ATM or the bank that issues the card as soon as possible.

Customers have the right to complain to their bank if the bank does not reverse and compensate them.

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